Bitcoin sell pressure may break $56K support as options expiry looms

The Bitcoin price could experience significant downside volatility unless it manages to recover above $60,000 before the options expire on Aug. 16.

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  • bitcoinBitcoin(BTC)$118,004.00-0.18%
  • ethereumEthereum(ETH)$3,655.691.87%
  • rippleXRP(XRP)$3.42-1.02%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$742.250.64%
  • solanaSolana(SOL)$177.550.12%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.253563-0.27%
  • staked-etherLido Staked Ether(STETH)$3,649.462.03%
  • tronTRON(TRX)$0.319743-1.78%
  • bitcoinBitcoin(BTC)$118,004.00-0.18%
  • ethereumEthereum(ETH)$3,655.691.87%
  • rippleXRP(XRP)$3.42-1.02%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$742.250.64%
  • solanaSolana(SOL)$177.550.12%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.253563-0.27%
  • staked-etherLido Staked Ether(STETH)$3,649.462.03%
  • tronTRON(TRX)$0.319743-1.78%